Sotheby's New York - The Malcolm Forbes Toy Collection Sets New Auction Record for a Toy Boat
A packed salesroom of toy collectors and enthusiasts watched as The Malcolm Forbes Toy Collection achieved $2,388,637 Friday at Sotheby’s New York. The collection of toy boats, soldiers, motorcycles and classic board games was lovingly gathered over nearly four decades by legendary collector Malcolm Forbes and his sons.
Boats by the celebrated German maker Märklin dominated the top prices brought in the first half of the auction. The sale was led by a Märklin “Lusitania” Ocean Liner that sold for $194,500, a new auction record for a toy boat. The toy had previously held the record when it was purchased by Mr. Forbes at Sotheby’s New York in 1983 for $28,600.